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SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago
SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago

Yahoo

time06-05-2025

  • Business
  • Yahoo

SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago

SLB and Subsea 7 have secured a substantial engineering, procurement, construction and installation (EPCI) contract from bp for the Ginger project offshore Trinidad and Tobago. This marks the first project award under a global framework agreement between bp and the Subsea Integration Alliance, which includes SLB OneSubsea and Subsea 7. The partnership aims to optimise system-level performance by fostering increased transparency and early engagement. The novel commercial model outlined in the framework is designed to align incentives and drive accelerated value creation for all stakeholders throughout the lifespan of their joint projects. SLB OneSubsea CEO Mads Hjelmeland said: 'When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively. 'Unlocking FID [final investment decision] for Ginger is a significant win for this new way of working together and I am excited for what is ahead, for both Ginger and beyond.' For the Ginger EPCI project, SLB OneSubsea is set to deliver four standardised vertical monobore subsea trees and tubing hangers, with a focus on rapid delivery and installation. Additionally, it will introduce the region's first high-integrity pressure protection system manifold, expected to result in significant safety, efficiency and environmental benefits. Subsea 7 will contribute a diver-installed tie-in system, a flexible production flowline and related infrastructure. The Ginger development is situated off Trinidad's south-east coast in waters reaching depths of up to 90m. Subsea Integration Alliance CEO Olivier Blaringhem said: 'This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea 7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project.' In a related development, Subsea 7 has been awarded a contract by Equinor for the Northern Lights phase two project in Norway. Subsea 7's responsibilities will include the EPCI of a 5km CO₂ pipeline, as well as the installation of satellite structures, umbilicals, tie-ins and pre-commissioning activities. "SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago" was originally created and published by Offshore Technology, a GlobalData owned brand.

SLB OneSubsea與Subsea7獲得bp Ginger專案的EPCI合約
SLB OneSubsea與Subsea7獲得bp Ginger專案的EPCI合約

Business Wire

time05-05-2025

  • Business
  • Business Wire

SLB OneSubsea與Subsea7獲得bp Ginger專案的EPCI合約

休斯頓--(BUSINESS WIRE)--(美國商業資訊)-- SLB (NYSE: SLB)今日宣布,bp已將千里達和多巴哥Ginger海上專案的一項重大工程、採購、施工及安裝(EPCI)合約授予SLB旗下的OneSubsea™合資企業以及Subsea7。 Ginger專案是bp與Subsea Integration Alliance的合作夥伴SLB OneSubsea和Subsea7之間的 全球架構協議 下授予的第一個專案。 在長期以來成功的合作關係基礎上,該協議確立了一種新的合作模式,透過提高透明度和早期參與度來實現系統層面的最佳化。此外,該架構定義了一種新穎的商業模式,能有效地協調各利害關係人的激勵機制,以便在共同專案的整個生命週期內加快並最大化價值創造。 SLB OneSubsea執行長Mads Hjelmeland表示:「當我們最初與bp達成這項長期策略協議時,目的是共同提升海底專案的績效。我們相信,透過更透明地整合我們的技能、知識和經驗,我們能夠以更具成本效益的方式推進更多專案。為Ginger專案促成最終投資決策是這種新合作模式的重大勝利,我對Ginger專案以及未來的發展前景感到非常期待。」 對於Ginger EPCI專案,SLB OneSubsea將交付四套標準化的垂直單井筒海底採油樹和油管懸掛器,這些設備經過最佳化,可加快交付和安裝速度。該公司還將交付該地區第一個高完整性壓力保護系統(HIPPS)歧管,這將在安全、效率和環境效益方面帶來顯著提升。Subsea7將提供一套由潛水夫安裝的連接系統、一條柔性生產出油管以及相關基礎設施。bp的Ginger專案開發區域位於千里達島的東南海岸外,水深可達90米。 Subsea Integration Alliance執行長Olivier Blaringhem表示:「對於我們與bp達成的這一新穎的全球架構協議而言,這是一個令人振奮的重要專案,它將我們的EPCI合作擴展到了千里達和多巴哥。憑藉我們的合作夥伴Subsea7和SLB OneSubsea的能力和靈活性,我們提供了關鍵資產和專業知識,以創造長期價值,並在Ginger專案上實現盡可能最佳的整體擁有成本。」 關於 SLB SLB (NYSE: SLB)是跨國科技公司,致力於推動能源創新,促進地球環境生態平衡。我們的業務遍佈全球100多個國家和地區,而員工的來源地幾乎是營運所在國家和地區的兩倍。我們每天都致力於石油天然氣的創新、大規模提供數位解決方案、促進產業脫碳,以及開發和擴充可加速能源轉型的新能源系統。如欲瞭解更多資訊,請造訪 。 關於SLB OneSubsea SLB OneSubsea正在推動新的海底時代,利用數位和技術創新來實現客戶石油和天然氣生產的最佳化,實現海底作業的脫碳,並釋放海底解決方案的巨大潛力,以加快能源轉型。OneSubsea是由SLB、Aker Solutions和Subsea7支援的合資企業,總部位於奧斯陸和休斯頓,在全球擁有1萬名員工。如欲瞭解更多資訊,請造訪 。 關於Subsea Integration Alliance Subsea Integration Alliance (SIA)是一個策略性的全球聯盟,整合了SLB OneSubsea和Subsea7的優勢。透過與SIA密切合作,客戶能夠獨特地獲取整合海底解決方案,包括油田開發規劃、EPCI合約模式、端對端專案交付以及全生命週期解決方案。如欲瞭解更多資訊,請造訪 。 關於前瞻性陳述的警示聲明: 本新聞稿包含美國聯邦證券法律意義上的「前瞻性陳述」,即關於未來而非過去事件的陳述。此類語句通常包含諸如「期望」、「可能」、「可以」、「估計」、「意圖」、「預期」、「將要」、「潛在」、「預計」等字詞以及其它類似的表達。前瞻性陳述涉及不同程度上不確定的事項,例如關於SLB新技術和合作夥伴關係的部署或預期收益的預測或期望;關於永續發展和環境問題的目標、計畫和預測的陳述;關於能源運輸與全球氣候變遷的預測或預期;以及操作程序和技術的改進等。這些陳述存在風險和不確定性,其中包括但不限於無法實現淨負碳排放目標;無法實現由SLB的策略、措施或合作夥伴關係帶來的預期利益;解決環境問題的立法和監管措施,包括因應全球氣候變遷影響的措施;主關機關核准和授權的時間安排或接收情況;以及SLB向美國證券交易委員會遞交的最新10-K、10-Q和8-K表格中詳細說明的其他風險和不確定性。如果這些或其他風險或不確定性中的一個或多個出現(或此類發展的後果發生了變化),或者如果基本假設經證明是不正確的,實際結果可能與我們前瞻性陳述中反映的結果存在重大差異。前瞻性陳述僅反映本新聞稿發表之日的情況。無論是由於新的資訊、未來事件或是其他原因,SLB概不承擔任何公開更新或修訂此類陳述的意圖或義務。 免責聲明:本公告之原文版本乃官方授權版本。譯文僅供方便瞭解之用,煩請參照原文,原文版本乃唯一具法律效力之版本。

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project
SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

National Post

time05-05-2025

  • Business
  • National Post

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

Article content Article content HOUSTON — SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. Building on a long-standing successful relationship, this agreement establishes a new way of working that enables system-level optimization through increased transparency and early engagement. Article content The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7. Article content Building on a long-standing successful relationship, this agreement establishes a new way of working that enables system-level optimization through increased transparency and early engagement. Further, the framework defines a novel commercial model that effectively aligns incentives for accelerated and maximized value creation among all stakeholders involved, throughout the life of joint projects. Article content 'When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively,' said Mads Hjelmeland, CEO of SLB OneSubsea. 'Unlocking FID for Ginger is a significant win for this new way of working together and I am excited for what's ahead, for both Ginger and beyond.' Article content For the Ginger EPCI project, SLB OneSubsea will deliver four standardized vertical monobore subsea trees and tubing hangers, optimized for speed of delivery and installation. It will also deliver the first high-integrity pressure protection system (HIPPS) manifold in the region, which will unlock considerable safety, efficiency and environmental gains. Subsea7 will supply a diver-installed tie-in system, a flexible production flowline and associated infrastructure. bp's Ginger development is located off the southeast coast of the island of Trinidad, at water depths of up to 90 meters. Article content 'This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project,' said Olivier Blaringhem, CEO of Subsea Integration Alliance. Article content SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at Article content SLB OneSubsea is driving the new subsea era that leverages digital and technology innovation to optimize our customers' oil and gas production, decarbonize subsea operations and unlock the large potential of subsea solutions to accelerate the energy transition. OneSubsea is a joint venture backed by SLB, Aker Solutions and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world. Find out more at Article content Subsea Integration Alliance (SIA) is a strategic global alliance combining the strengths of SLB OneSubsea and Subsea7. Working closely with SIA gives customers unique access to integrated subsea solutions—including field development planning, EPCI contracting models, end-to-end project delivery — and total life cycle solutions. Find out more at Article content This press release contains 'forward-looking statements' within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as 'expect,' 'may,' 'can,' 'estimate,' 'intend,' 'anticipate,' 'will,' 'potential,' 'projected' and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Article content Contacts Article content Media Josh Byerly – SVP of Communications Moira Duff – Director of External Communications SLB Tel: +1 (713) 375-3407 media@ Article content Article content Article content

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project
SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

Yahoo

time05-05-2025

  • Business
  • Yahoo

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

New way of working helps unlock final investment decision (FID) for project offshore Trinidad and Tobago HOUSTON, May 05, 2025--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7. Building on a long-standing successful relationship, this agreement establishes a new way of working that enables system-level optimization through increased transparency and early engagement. Further, the framework defines a novel commercial model that effectively aligns incentives for accelerated and maximized value creation among all stakeholders involved, throughout the life of joint projects. "When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively," said Mads Hjelmeland, CEO of SLB OneSubsea. "Unlocking FID for Ginger is a significant win for this new way of working together and I am excited for what's ahead, for both Ginger and beyond." For the Ginger EPCI project, SLB OneSubsea will deliver four standardized vertical monobore subsea trees and tubing hangers, optimized for speed of delivery and installation. It will also deliver the first high-integrity pressure protection system (HIPPS) manifold in the region, which will unlock considerable safety, efficiency and environmental gains. Subsea7 will supply a diver-installed tie-in system, a flexible production flowline and associated infrastructure. bp's Ginger development is located off the southeast coast of the island of Trinidad, at water depths of up to 90 meters. "This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project," said Olivier Blaringhem, CEO of Subsea Integration Alliance. About SLB SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at About SLB OneSubsea SLB OneSubsea is driving the new subsea era that leverages digital and technology innovation to optimize our customers' oil and gas production, decarbonize subsea operations and unlock the large potential of subsea solutions to accelerate the energy transition. OneSubsea is a joint venture backed by SLB, Aker Solutions and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world. Find out more at About Subsea Integration Alliance Subsea Integration Alliance (SIA) is a strategic global alliance combining the strengths of SLB OneSubsea and Subsea7. Working closely with SIA gives customers unique access to integrated subsea solutions—including field development planning, EPCI contracting models, end-to-end project delivery — and total life cycle solutions. Find out more at Cautionary Statement Regarding Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as "expect," "may," "can," "estimate," "intend," "anticipate," "will," "potential," "projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise. View source version on Contacts Media Josh Byerly – SVP of CommunicationsMoira Duff – Director of External CommunicationsSLBTel: +1 (713) 375-3407media@ Investors James R. McDonald – SVP of Investor Relations & Industry AffairsJoy V. Domingo – Director of Investor RelationsSLBTel: +1 (713) 375-3535investor-relations@

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project
SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

Business Wire

time05-05-2025

  • Business
  • Business Wire

SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp's Ginger Project

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. Building on a long-standing successful relationship, this agreement establishes a new way of working that enables system-level optimization through increased transparency and early engagement. Share The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7. Building on a long-standing successful relationship, this agreement establishes a new way of working that enables system-level optimization through increased transparency and early engagement. Further, the framework defines a novel commercial model that effectively aligns incentives for accelerated and maximized value creation among all stakeholders involved, throughout the life of joint projects. 'When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively,' said Mads Hjelmeland, CEO of SLB OneSubsea. 'Unlocking FID for Ginger is a significant win for this new way of working together and I am excited for what's ahead, for both Ginger and beyond.' For the Ginger EPCI project, SLB OneSubsea will deliver four standardized vertical monobore subsea trees and tubing hangers, optimized for speed of delivery and installation. It will also deliver the first high-integrity pressure protection system (HIPPS) manifold in the region, which will unlock considerable safety, efficiency and environmental gains. Subsea7 will supply a diver-installed tie-in system, a flexible production flowline and associated infrastructure. bp's Ginger development is located off the southeast coast of the island of Trinidad, at water depths of up to 90 meters. 'This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project,' said Olivier Blaringhem, CEO of Subsea Integration Alliance. About SLB SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at About SLB OneSubsea SLB OneSubsea is driving the new subsea era that leverages digital and technology innovation to optimize our customers' oil and gas production, decarbonize subsea operations and unlock the large potential of subsea solutions to accelerate the energy transition. OneSubsea is a joint venture backed by SLB, Aker Solutions and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world. Find out more at About Subsea Integration Alliance Subsea Integration Alliance (SIA) is a strategic global alliance combining the strengths of SLB OneSubsea and Subsea7. Working closely with SIA gives customers unique access to integrated subsea solutions—including field development planning, EPCI contracting models, end-to-end project delivery — and total life cycle solutions. Find out more at Cautionary Statement Regarding Forward-Looking Statements: This press release contains 'forward-looking statements' within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as 'expect,' 'may,' 'can,' 'estimate,' 'intend,' 'anticipate,' 'will,' 'potential,' 'projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

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